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    Home » Nigeria’s power sector loses N2.1bn on Sunday

    Nigeria’s power sector loses N2.1bn on Sunday

    April 10, 2019
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    …Generating capacity drops to 3000MW

     

    Nigeria’s power sector loses N2.1bn on Sunday
    *Electricity.

    OpeOluwani Akintayo 

    Lagos — Statistics released by Electricity Generation Companies, GenCos, said Nigeria lost an estimated N2.1 billion on Sunday due to insufficient gas supply, distribution, and transmission infrastructure.

    The data released on Monday said the huge financial loss was as a result of the inability to generate enough electricity for distribution, adding that production capacity dropped to a little above 3000MW.

    The group had released 3,522 megawatts of electricity into the national grid on Sunday.

    According to them, electricity released dropped by 657.07 megawatts from the figure released on Saturday.

    Nigeria uses gas-fired plants, hydro and steam-fired plants, however, the GenCos said the figure was from just two- gas and hydro plants. The country three hydro plants, two steam plants, and 24 gas-fired plants.

    A total of 202.70 megawatts was not generated due to high frequency resulting from unavailability of distribution infrastructure while 1,771 megawatts was trapped due to unavailability of gas.

    Some 100 megawatts were dropped due to unavailability of transmission infrastructure while 2,369.30 megawatts was dropped due to high frequency resulting from unavailability of distribution infrastructure.

    While 150 megawatts was recorded as losses due to water management procedures, peak generation attained on the day was 4,190 megawatts

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